【Investment of 500 million RMB! Approval granted for High-purity Synthetic Quartz Sand Project】On December 5, 2023, in accordance with the relevant regulations for the approval process of environmental impact assessment for construction projects and the government's information disclosure on environmental impact assessment for construction projects, the Ecological Environment Bureau of Peixian District, Xuzhou City has accepted the environmental impact report for the annual production of 4,000 tons of high-purity synthetic quartz sand by Jiangsu Jingxin Yuan New Materials Technology Co., Ltd. and intends to approve it.

Project Investment: 500 million RMB, of which 4.1 million RMB is allocated for environmental protection, accounting for 0.82% of the total investment."